Here is what you need to know before buying a property in Chennai.

  • 22Nov 2017
    Chennai, one of the fastest growing cities in India is famous for the presence of corporates, multinational companies and educational institutes. Given this, several people are migrating to Chennai for studies as well as jobs. Additionally, they also look forward to settling in Chennai permanently. However, consider the following points before buying property in Chennai.

    Builder’s reputation

    The growing number of IT firms has led to numerous job opportunities for young and fresh talent. This has further led to great demand for property in Chennai. There are several residential property projects mushrooming in Chennai. Hiranandani is one of the reputed builders with a premium residential and commercial project Hiranandani Parks, Oragadam in Chennai. Buying flats without knowing about the builder or developer’s reputation can be a risky investment. So, always ensure that you invest in the property of a known builder or research well about it before investing.

    The flat size or area

    While there are varied range of property options like villas, villa plots, 3 BHK or 2 BHK flats in Chennai, its size and area differ in every project and so does the price. So, ensure that you choose the property with exact built-up area and pay for it accordingly.

    Location and connectivity

    Choosing a location is a very crucial aspect of property buying. If you look forward to buying property in the heart of the city, it will obviously cost you a fortune. But at the same time, buying a flat in the outskirts of the city without basic amenities is pointless. However, Hiranadani Parks, Oragadam is a community township that offers both commercial and residential property with several lifestyle amenities.

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